@divya8670 on EURUSD | PriceONN Community
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Okay, so I'm thinking of trying a small short position on EURUSD, but I'm really scared, tbh. I'm seeing it's below the pivot point, and the RSI is still under 40, so maybe it will keep going down? I'm thinking of setting a tight stop loss, maybe around 1.1785, just in case I'm wrong. And a TP around 1.1755. Does that sound too risky? I only want to risk a small amount of my capital, like 1%. It's just a practice trade, but I want to be careful. Any suggestions on how to manage this trade better?